PearsonFX Trades

GBP/JPY

SHORT 202.75 - T/P - 201.27
SHORT 202.35 - T/P - 201.27
SHORT 201.85 - T/P - 201.27
LONG 207.85 - T/P - 208.00 - FULL HEDGE (9 lots)
LONG 207.04 - T/P - 208.00
LONG 206.60 - T/P - 208.00
LONG at 205.70 -T/P 208.00
LONG at 203.70 - T/P 208.00

USD/JPY

LONG 103.77 - T/P - OPEN - (2 lots)

EUR/USD

SHORT 1.5920 - T/P - 1.5800

GBP/USD

SHORT 1.9908 - T/P OPEN - STOPLOSS 2.0000
Results:
Trades Taken: 9
Winning Trades: 8
Losing Trades: 1
Total Profit in Pips: +538
Win Percentage: 88.88%

GBP/JPY

SHORT 202.75 - T/P - 201.27
SHORT 202.35 - T/P - 201.27
SHORT 201.85 - T/P - 201.27
LONG 207.85 - T/P - 208.00 - FULL HEDGE (9 lots)
LONG 207.04 - T/P - 208.00
LONG 206.60 - T/P - 208.00
LONG at 205.70 -T/P 208.00 - CLOSING at 205.50 -20 pips
LONG at 203.70 - T/P 208.00 - CLOSING at 205.50 +180 pips
SHORT at 205.70 - T/P 190.00 - FULL HEDGE (9 lots) - POSITION ADDED - THIS IS A LONGTERM TRADE TO BALANCE OUT THE LONG TRADE ABOVE WE WILL CLOSE THIS OUT IN MAY FOR $$$$$

USD/JPY

LONG 103.77 - T/P - OPEN - (2 lots)

EUR/USD

SHORT 1.5920 - T/P - 1.5800

GBP/USD

SHORT 1.9908 - T/P OPEN - STOPLOSS 2.0000

Results:
Trades Taken: 11
Winning Trades: 9
Losing Trades: 2
Total Profit in Pips: +698
Win Percentage: 81.81%

GBP/JPY

SHORT 202.75 - T/P - 201.27
SHORT 202.35 - T/P - 201.27
SHORT 201.85 - T/P - 201.27
LONG 207.85 - T/P - 208.00 - FULL HEDGE (9 lots)
LONG 207.04 - T/P - 208.00
LONG 206.60 - T/P - 208.00SHORT at 205.70 - T/P 190.00 - FULL HEDGE (9 lots) - THIS IS A LONGTERM TRADE TO BALANCE OUT THE LONG TRADE ABOVE WE WILL CLOSE THIS OUT IN MAY FOR $$$$$
USD/JPY

LONG 103.77 - T/P - OPEN - (2 lots)

EUR/USD

SHORT 1.5920 - T/P - 1.5800

GBP/USD

SHORT 1.9908 - T/P OPEN - STOPLOSS 2.0000

Results:
Trades Taken: 11
Winning Trades: 9
Losing Trades: 2
Total Profit in Pips: +698
Win Percentage: 81.81%

Hey Everyone, Have a great day....FOR THOSE THAT ARE LONGER TERM TRADERS GBP/USD LET IT HIT 1.8800 IN THE COMING WEEKS FOR THOSE THAT ARE SHORTER TERM TRADERS KEEP THE POSITION UNTIL I CLOSE IT

Zack

PS Head and Shoulders....I gave you the clue...now its your job to find it

Pearson, where are you at dewd?

Hey Everyone,

Just so you all know, I have been busy last two days and will be busy a little tonight as well.

Market Outlook...

I am looking for GBP/JPY to have a retest of the rising trendline. These moves are being played out on the higher timeframes so they are taking a little longer...but it should reach near the trendline before market closes this week.

I am holding the GBP/USD Short ...it is a longer term trade, we are all in profit by at least 100 pips, you can take profit if you want but I am holding this trade.

GBP/JPY should rise above 205.00 tonight before we fall again...there is significant resistance at this area....I would consider entering or adding a position at 205.00....we are looking for the rising trendline later this week at about 200.54 with a 50 pip safety buffer....so we are looking at targets above 201.00-201.50......stops can be placed at 206.50...use money management accordingly, dont risk more than 1-5% of your account

Zack

GBP/JPY

SHORT 202.75 - T/P - 201.27
SHORT 202.35 - T/P - 201.27
SHORT 201.85 - T/P - 201.27
LONG 207.85 - T/P - 208.00 - FULL HEDGE (9 lots)
LONG 207.04 - T/P - 208.00
LONG 206.60 - T/P - 208.00
SHORT at 205.70 - T/P 190.00 - FULL HEDGE (9 lots) - THIS IS A LONGTERM TRADE TO BALANCE OUT THE LONG TRADE ABOVE WE WILL CLOSE THIS OUT IN MAY FOR $$$$$

USD/JPY

LONG 103.77 - T/P - OPEN - (2 lots) - CLOSED at 103.83 +12 pips (+6 pips x 2 Lots)

EUR/USD

SHORT 1.5920 - T/P - 1.5800 - CLOSED at 1.5800 T/P HIT +120 pips

GBP/USD

SHORT 1.9908 - T/P OPEN - STOPLOSS 2.0000 - CLOSED at 1.9727 +181 pips

Results:
Trades Taken: 14
Winning Trades: 12
Losing Trades: 2
Total Profit in Pips: +1011
Win Percentage: 85.71%

Trade Update
GBP/JPY

SHORT 202.75 - T/P - 201.27
SHORT 202.35 - T/P - 201.27
SHORT 201.85 - T/P - 201.27
LONG 207.85 - T/P - 208.00 - FULL HEDGE (9 lots)
LONG 207.04 - T/P - 208.00
LONG 206.60 - T/P - 208.00
SHORT at 205.70 - T/P 190.00 - FULL HEDGE (9 lots) - THIS IS A LONGTERM TRADE TO BALANCE OUT THE LONG TRADE ABOVE WE WILL CLOSE THIS OUT IN MAY FOR $$$$$

USD/JPY


EUR/USD

LONG at 1.5752 - STOPLOSS 1.5720 - Target 1.5847 NEW TRADE

GBP/USD


Results:
Trades Taken: 14
Winning Trades: 12
Losing Trades: 2
Total Profit in Pips: +1011
Win Percentage: 85.71%

Hi Zack and Guys
You think euro/us will rally back up after such bad german news,
Tom

Hi Zack
What is your thoughts on gb/us, I took a long yesterday and got murdered yesterday kicking myself but it seemed to surprise a lot of people, I am still in the trade
Tom

Tom, GBP is Very Weak again....I don't know the location of your long.....but I am looking at 1.8800 area as a target within the next 2-3 weeks.

Euro I am looking at closer....we may be becoming very weak on that as well.

When I took the short the other day at 1.9908 that WAS the top area, but then it climbed to 2.0000 again because of oil spiking up to $120.00 then pulling back.

Next couple days should tell us more as to what is happening....I do have a POTENTIAL BUY on GBP/USD with a bottom around 1.9654....nothings for sure and it may keep going.....however if it breaks the 1.9600-1.9654 area....we will see my longer term target sooner than you think.

News last night came out better than expected....the market emotionally reacted with an upwards spike....but then it came crashing down as I thought....I warned everyone almost 12-16 hours in advance that this was going to happen with the Head and Shoulders pattern on the 4 hour charts......

Now we also have a Head and Shoulders that is already on the Weekly charts...Moving averages are beginning to slope down, which is going to add momentum....the giant descending wedge which is a bullish continuation pattern failed at breaking out....it got stopped by the 2.0000 level.....the top for it should have been closer to 2.04-2.06.....I favor sells

Hope that helps....still cautious on Euro....the lower it goes though...the harder time its going to have trying to recover. Once enough negative momentum builds up against it...euro will fall.

Zack

Hello Everyone,

Eur/Usd - I will be placing a SELL on Euro later today....12 hours from now at the end of New York Session IF the Euro closes below 1.5792 current price is 1.5730. This is going to be a longer term trade maybe a couple days long.

Challenge: Why is this trade going to take a little while to unfold? What is the significance of 1.5792?

Zack

GBP/JPY

SHORT 202.75 - T/P - 201.27
SHORT 202.35 - T/P - 201.27
SHORT 201.85 - T/P - 201.27
LONG 207.85 - T/P - 208.00 - FULL HEDGE (9 lots)
LONG 207.04 - T/P - 208.00
LONG 206.60 - T/P - 208.00
SHORT at 205.70 - T/P 190.00 - FULL HEDGE (9 lots) - THIS IS A LONGTERM TRADE TO BALANCE OUT THE LONG TRADE ABOVE WE WILL CLOSE THIS OUT IN MAY FOR $$$$$

USD/JPY


EUR/USD

LONG at 1.5752 - STOPLOSS 1.5720 - Target 1.5847 STOPPED OUT AT 1.5720...Possible trade later today - 32 pips

GBP/USD


Results:
Trades Taken: 15
Winning Trades: 12
Losing Trades: 3
Total Profit in Pips: +977
Win Percentage: 80.00%

where is everybody??

hey zack...where are you?

Hey Everyone,

Short Eur/Usd 1.5700-1.5715
Target 1.5615
Stoploss - 1.5800

Good Call, Zack. U da Man.

53 out of EU$ thus far.... hit target of 15...

have entered another Short in EU$ 1.5599 target 1.5569 unless it freezes... then will take profit where i can

Hello Everyone

Sell GBP/USD at 1.9854 area
Target 1.9770
Stop loss 1.9932

Eur/Usd Target Profit Reached +85 pips

Hello everyone 1 more

Sell GBP/JPY 207.40 area
Target 206.00
Stoploss 208.75

Just so you know there was an excellent BUY opportunity for GBP/JPY earlier tonight while I was sleeping

Standard Bullish continuation Flag with a longer term Bullish Triangle for those who saw it.

I was sleeping and thus did not.

The prime Buy location would have been around 205.50 with the breakout Buy at 206.00

See you all later

another couple of good calls Zack

I saw the Standard Bullish Continuation Flag but the Bullish Triangle was beyond my recognition .....anyhow I could do nothing as I already have the Short from 205.70 in place. My broker works FIFO so it would be a loss.

I did however, get some 90 pips on the short @ 207.40 and managed another 110 pips off your Eur/ Usd recommendation ...thanks. Risky MM though.

If you have time on the weekend you could perhaps explain the triangle as I still can't see it. Also how did you figure 207.40 as the reversal point (although it did spike to 208 ) ?

Lastly what was the significance of 1.5792 ? ( I skyped my thoughts to you )

I need some help coach

Jimmy